In a context of market globalization and with the objective to reach international supervision standards, ACAPS adopts a voluntarist policy for international cooperation.
This policy aims to develop close cooperation with its counterparts and international regulators, such as IAIS, ISSA or IOPS. This international policy aims to enable ACAPS to benefit from forums for the exchange of best practices in terms of governance or regulation and to comply with international standards. The Authority also represents the Government in matters of international cooperation in its field of intervention.
Agreements for the exchange of information and cooperation
Information exchange agreement between ACAPS and the Inter-African Insurance Markets Conference (CIMA) - April 2015
Agreement for collaboration, exchange of information and expertise between ACAPS and the General Insurance Committee (CGA) - April 2016.
Agreement for the exchange of information, general cooperation and coordination in the field of insurance supervision, between ACAPS and the Autorité de contrôle prudentiel et de résolution (ACPR) - December 2017
Memorandum of Understanding
Initiated during the last quarter of 2016, cooperation with the Ministry of Finance and Budget of the Republic of Madagascar resulted in the signing of a Memorandum of Understanding in June 2018 for the exchange of knowledge, expertise and skills.
On November 28th, 2017, The Supervisory Authority of Insurance and Social Welfare (ACAPS) signed a memorandum of understanding with the Insurance Regulation and Control Authority (Democratic Republic of Congo). This Memorandum of Understanding aims to promote cooperation and development of the insurance sector between the two countries. It also aims to exchange knowledge, expertise and skills.
Initiated during 2017, the cooperation between ACAPS and the Insurance Authority (IA) of the United Arab Emirates resulted on 30 September 2018 in the signature of a Memorandum of Understanding for cooperation and exchange of expertise.
This Memorandum of Understanding aims to promote cooperation and the exchange of knowledge, expertise and skills between the two authorities.
Memorandum of Understanding for mutual assistance with the National Insurance Commissioners (NAIC) of United States of America – January 2019
NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories.
Memorandum of Understanding on Cooperation and exchange of expertise with the Financial Services and Markets Authority (FSMA) of the Kingdom of Belgium – Mars 2019
The Financial Services and Markets Authority (FSMA) is the Belgian authority in charge of the supervision of the financial sector. It ensures that the financial consumer is treated ethically, correctly and fairly and aims at transparency and fair functioning of the financial markets.